Airbnb has become one of the go to sites for travelers looking for a more authentic experience while traveling. After all, if you are in a city for more than a few days, it’s certainly more comfortable to have your own kitchen and space for chilling out after hours of adventuring.

But it’s not just about having a cool place to stay. Renting from individuals on Airbnb is cost effective as well.

Pricenomics did an official breakdown of hotel vs Airbnb prices. Overall, you will save yourself about 21 percent if you rent an entire Airbnb apartment, and 49 percent for a single room. Of course, there are some places where your wallet will be happier opting for the hotel option than for a full apartment – Las Vegas and Houston, for example.

Often times full Airbnb apartments are around the same price as hotels, but pack them full of a few travel buddies and not only do you have a cheap place to stay but an instant travel party as well.